Reuters/Frankfurt
The head of General Motors’ European business, Carl-Peter Forster, is leaving the company following the surprise decision by GM’s board to block the sale of Opel, two sources close to the situation told Reuters. “Forster told a small group of people today that he is leaving,” one of the sources said.
The son of a German diplomat and former BMW executive was widely expected to run an independent Opel under jilted suitor Magna, and his departure would mark the first high-profile manager exit as a result of the failed deal that triggered a storm of outrage in Germany.
GM plans to replace Forster at least temporarily with Nick Reilly, the former plant director at Vauxhall’s Ellesmere Port plant in northwest England. |
